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Three-month interbank offered rate drops on Monday to 2.98 pct per year

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Romania's three-month interbank offered rate ROBOR dropped, on Monday, to 2.98 pct per year, from 2.99 pct per year, the value of the previous day, according to information published by the of Romania (BNR). At the start of 2019, the three-month ROBOR was 2.99 pct per year, and at the beginning of this year it stood at 3.19 pct.

The 6-month index that is used for pricing floating rate mortgage loans dropped on Monday to 3.10 pct per year, from 3.11 pct per year on February 20, and the 12-month ROBOR diminished to 3.18 pct per year, from 3.19 per year in the previous session.

The…

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